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Semper Augustus Investments Group Continues to Hold Position in Exxon Mobil (XOM); Motco Holding in Enbridge (ENB) Raised by $2.69 Million

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Semper Augustus Investments Group Llc increased its stake in Exxon Mobil Corp (XOM) by 6.12% based on its latest 2018Q1 regulatory filing with the SEC. Semper Augustus Investments Group Llc bought 6,489 shares as the company’s stock declined 0.16% with the market. The hedge fund held 112,602 shares of the integrated oil company at the end of 2018Q1, valued at $8.40 million, up from 106,113 at the end of the previous reported quarter. Semper Augustus Investments Group Llc who had been investing in Exxon Mobil Corp for a number of months, seems to be bullish on the $341.67B market cap company. The stock decreased 0.15% or $0.12 during the last trading session, reaching $80.7. About 8.76M shares traded. Exxon Mobil Corporation (NYSE:XOM) has declined 3.72% since June 20, 2017 and is downtrending. It has underperformed by 16.29% the S&P500. Some Historical XOM News: 11/04/2018 – ExxonMobil Announces 84 Percent Increase in P’nyang Resource, Potential Expansion in PNG; 09/05/2018 – Blackrock Group Adds Aptiv, Exits Barrick Gold, Cuts Exxon: 13F; 29/03/2018 – Exxon leads oil majors in bids for Brazil’s offshore reserves; 19/03/2018 – EXXONMOBIL BUYS LNG CARGO FOR QUAKE-HIT PAPUA NEW GUINEA FACILITY FOR EARLY APRIL – TRADERS; 14/05/2018 – EXXONMOBIL XOM.N : CITIGROUP RAISES TARGET PRICE TO $80 FROM $73; 17/05/2018 – Exxon’s Baytown, Texas refinery completes crude unit overhaul; 07/05/2018 – DNB Global Indeks Adds Chevron, Exits Harris, Cuts Exxon; 27/04/2018 – EXXON 1Q UPSTREAM EARNINGS $3.50T; 09/05/2018 – Algeria’s Sonatrach to buy ExxonMobil’s Augusta refinery -Les Echos; 12/04/2018 – CNBC Wires: EXCLUSIVE-Chevron, Exxon seek ‘small refinery’ waivers from US biofuels law

Motco increased its stake in Enbridge Inc (ENB) by 5990.18% based on its latest 2018Q1 regulatory filing with the SEC. Motco bought 86,618 shares as the company’s stock declined 7.90% with the market. The institutional investor held 88,064 shares of the natural gas distribution company at the end of 2018Q1, valued at $2.77M, up from 1,446 at the end of the previous reported quarter. Motco who had been investing in Enbridge Inc for a number of months, seems to be bullish on the $55.00 billion market cap company. The stock decreased 1.89% or $0.61 during the last trading session, reaching $31.7. About 3.76M shares traded. Enbridge Inc. (NYSE:ENB) has declined 20.51% since June 20, 2017 and is downtrending. It has underperformed by 33.08% the S&P500. Some Historical ENB News: 10/05/2018 – Enbridge Income Fund 1Q Loss/Shr C$1.06; 10/05/2018 – Enbridge 1Q Net C$445M; 09/05/2018 – Enbridge Announces $1.120B Sale of U.S. Midstream Businesses; 09/05/2018 – ENBRIDGE CEO SAYS WILL ‘ASSESS AT THE TIME’ IF MINNESOTA REGULATOR BACKS LESS DESIRABLE LINE 3 PIPELINE ROUTE; 09/05/2018 – Enbridge To Sell Midcoast Operating, L.P. and Its Subsidiaries to AL Midcoast Holdings; 09/05/2018 – Canada Pension Plan Investment Board Signs Agreements to Acquire 49% of Enbridge’s Interests in Select Renewable Power Asset; 09/05/2018 – Enbridge to Sell Stakes in Renewable Projects for C$1.75 Billion; 09/05/2018 – ENBRIDGE INCOME FUND HOLDINGS INC – POST TRANSACTION, FUND WILL MAINTAIN A 51 PERCENT INTEREST IN CANADIAN RENEWABLE POWER ASSETS; 10/05/2018 – Enbridge 1Q EPS C$0.26; 18/05/2018 – ENBRIDGE INCOME FUND HOLDINGS MADE COMMITTEE TO REVIEW OFFER

Among 17 analysts covering Enbridge Inc. (NYSE:ENB), 7 have Buy rating, 0 Sell and 10 Hold. Therefore 41% are positive. Enbridge Inc. has $74 highest and $34 lowest target. $57.88’s average target is 82.59% above currents $31.7 stock price. Enbridge Inc. had 27 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Tuesday, March 8 by Credit Suisse. The stock has “Outperform” rating by BMO Capital Markets on Thursday, June 14. The company was maintained on Tuesday, May 22 by IBC. The firm earned “Sector Perform” rating on Monday, July 18 by National Bank Canada. The stock of Enbridge Inc. (NYSE:ENB) has “Overweight” rating given on Tuesday, December 15 by JP Morgan. Morgan Stanley maintained it with “Equal-Weight” rating and $34 target in Friday, March 23 report. The firm has “Neutral” rating given on Friday, June 23 by JP Morgan. Credit Suisse maintained Enbridge Inc. (NYSE:ENB) on Tuesday, March 14 with “Outperform” rating. The rating was downgraded by Goldman Sachs on Wednesday, July 20 to “Neutral”. On Friday, October 23 the stock rating was initiated by BMO Capital Markets with “Outperform”.

More notable recent Enbridge Inc. (NYSE:ENB) news were published by: Fool.ca which released: “Why This Is a Big Week for Oil and Gas Investors” on June 19, 2018, also Seekingalpha.com with their article: “Enbridge: A Closer Look At The Growth Opportunities” published on June 13, 2018, Seekingalpha.com published: “Minnesota approval process to add $1.2B to Enbridge Line 3 costs, BMO says” on June 14, 2018. More interesting news about Enbridge Inc. (NYSE:ENB) were released by: Bizjournals.com and their article: “Underwater construction begins on cross-border section of natural gas pipeline” published on June 14, 2018 as well as Seekingalpha.com‘s news article titled: “Enbridge: Dividend Is Safe” with publication date: June 19, 2018.

Motco, which manages about $975.79M US Long portfolio, decreased its stake in Paypal Holdings Inc by 6,554 shares to 88,157 shares, valued at $6.69 million in 2018Q1, according to the filing. It also reduced its holding in Jpmorgan Chase & Co (NYSE:JPM) by 5,558 shares in the quarter, leaving it with 104,424 shares, and cut its stake in Amphenol Corp (NYSE:APH).

Semper Augustus Investments Group Llc, which manages about $202.17M and $143.76M US Long portfolio, decreased its stake in Newmont Mining Corp (NYSE:NEM) by 15,450 shares to 175,761 shares, valued at $6.87M in 2018Q1, according to the filing.

Among 27 analysts covering Exxon Mobil (NYSE:XOM), 11 have Buy rating, 5 Sell and 11 Hold. Therefore 41% are positive. Exxon Mobil had 97 analyst reports since July 22, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, October 24 by Cowen & Co. The stock has “Neutral” rating by UBS on Monday, May 2. Tudor Pickering downgraded the stock to “Sell” rating in Tuesday, January 26 report. Jefferies maintained Exxon Mobil Corporation (NYSE:XOM) rating on Wednesday, December 20. Jefferies has “Hold” rating and $85.0 target. Jefferies maintained Exxon Mobil Corporation (NYSE:XOM) rating on Thursday, October 19. Jefferies has “Hold” rating and $84.0 target. Nomura initiated the shares of XOM in report on Friday, March 18 with “Reduce” rating. Jefferies maintained it with “Hold” rating and $81.0 target in Tuesday, October 3 report. Piper Jaffray maintained it with “Hold” rating and $81.0 target in Tuesday, November 21 report. As per Tuesday, January 12, the company rating was maintained by Barclays Capital. The rating was initiated by BMO Capital Markets on Friday, December 2 with “Market Perform”.

More notable recent Exxon Mobil Corporation (NYSE:XOM) news were published by: Fool.com which released: “3 Stocks for Warren Buffett Fans” on June 12, 2018, also Benzinga.com with their article: “A Look Back At What’s Happened To Each Sector Through The First Half Of 2018 (Part 2)” published on June 19, 2018, Seekingalpha.com published: “Exxon Mobil’s Returning To Its Roots” on June 18, 2018. More interesting news about Exxon Mobil Corporation (NYSE:XOM) were released by: Seekingalpha.com and their article: “Stocks To Watch: Don’t Sleep On Vienna” published on June 16, 2018 as well as Seekingalpha.com‘s news article titled: “Exxon Mobil Raises Dividend 6.5%. Now What?” with publication date: May 25, 2018.

Exxon Mobil Corporation (NYSE:XOM) Institutional Positions Chart

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